Middle East to drive global PVC capacity growth through 2030
Low-cost feedstock and developed infrastructure support PVC capacity additions in the region.
22 June 2026
22 June 2026
Low-cost feedstock and developed infrastructure support PVC capacity additions in the region.
Brent crude briefly reached $82.30/bbl early on 22 June amid concerns over US-Iran tensions and Iran’s temporary Strait of Hormuz closure.
The Jackdaw and Rosebank projects, with more than £3bn ($3.96bn) invested so far, are both in advanced stages of development and construction.
The TWIN project is expected to contribute nearly 11bscm of gas over its operational life.
The campaign comprised one appraisal well and seven horizontal development wells, drilled from the Nong Yao A and B platforms.
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